Focused on acquiring and rehabbing Real Estate properties the ongoing relationship between Angelo Sferrazza, President, The Bridge Fund and MMS Investments has proved successful for a number of years. This Business Relationship has provided millions of dollars in transactions that have positively impacted local communities and economic development..
The Franchise Business Model is being severely impacted by today's economic woes.
Many of those individuals who are out of work are looking to Franchise Purchasing as
way to rebuild their financial future. Unfortunately, these same individuals are having trouble financing a franchise purchase so they are turning to alternative funding sources, such as The IL Bridge Fund's Franchise Program.
Many American workers today are choosing self employment as an option to waiting for new job creation. Access to the funding needed to start a business is almost always an issue, especially with those owned by African, Hispanic (Latino), or Asian Americans, who are more likely to lack the financial resources necessary to achieve adequate capitalization.
One of The IL Bridge Fund's minority clients, is announcing the Grand Opening of a Second Business Location in Southwestern Ohio. Our client, Mr. Demetrious, has successfully gone from an employee to business owner, helped by funding and financial mentoring from Angelo Sferrazza, Cincinnati, Ohio, President, The IL Bridge Fund. His success is aided by a unique entertainment concept.
One of The IL Bridge Fund's minority clients has successfully gone from an employee to business owner and is announcing the grand opening of a Second Business Location this week, helped by funding and financial mentoring from Angelo Sferrazza, The IL Bridge Fund, located in Cincinnati, Ohio. Our client's unique business concept is a hit with his targeted marketplace and minority community.
Angelo Sferrazza, President, The IL Bridge Fund llc of Cincinnati, Ohio recommends small businesses and investors consider "Bridge Loans" to fill the funding gap until more permanent funding can be accessed. "Bridge Loans" require different criteria than traditional lending and can be more accessible to those invested in small businesses.
Angelo Sferrazza, Cincinnati, Ohio, President of IL Bridge Fund llc says, "We all need to extend a helping hand to those in need." My company believes in helping individuals, as well as businesses. We are proud to offer a helping hand to an Ohio non-profit organization that helps families with living necessities and helps them prepare for the future with job assistance, training and education.
Angelo Sferrazza, Cincinnati, Ohio, President, The IL Bridge Fund llc, Educational Financial and Mentoring Program for emerging and existing businesses has helped many clients develop a successful plan for future growth. This Program is in addition to the "Bridge Funding Programs" that have provided millions of dollars for Small and Emerging Businesses and Real Estate Investors.
As business or real estate entrepreneurs who have new or existing companies want to take to the next level, they need help. The IL Bridge Fund also offers professional expertise and mentoring services to help entrepreneurs make the most of their current or potential business opportunities, in addition to providing alternative funding.
Consumer Confidence has risen but Small Businesses optimism is lower than consumer optimism because of lack of funding from traditional lenders, government regulations and crash of real estate value. "Consider "Bridge Loans" as a funding alternative," says Angelo Sferrazza, President, The IL Bridge Fund of Cincinnati, Ohio.
As more people are out of work, entrepreneurs are looking to franchises as a way to restart and control their economic future, unfortunately many of these potential purchasers do not have the Cash Liquidity because of the housing debt crisis, so they are turning to alternative funding sources like The IL Bridge Fund's Programs for short-term financing.
According to a recent report by JD Powers, Small Businesses are disappointed in their current banking relationships and seek better access to account managers, knowledge and accountability. The IL Bridge Fund, Cincinnati, Ohio offers new programs to meet these small business needs as well as Bridge Funding Alternatives.
To succeed in realizing Mark Kwamme, newly appointed Department of Development Director's, Ohio job start-up initiative, new alternative funding programs as well as educational mentoring programs such as The IL Bridge Fund's 'Bridge Loan Program' will be needed to help develop small business and create jobs for Ohio citizens. New updated application process will speed the approval process.
The January rise in Consumer Confidence is good news, but traditional lenders are still making it difficult to access loans. The IL Bridge Fund of Cincinnati, Ohio recommends considering "Bridge Loans" to fill the funding gap until more permanent funding can be accessed.
New funding resources as well as educational mentoring programs such as The IL Alternative financial sources, such as The IL Bridge Fund are needed to develop small business and create jobs for Ohio citizens to meet Department of Development's new director's focus, says Angelo Sferrazza, Cincinnati, Ohio. The IL Bridge Fund has new programs in development, expecting to launch first quarter 2011.
Angelo Sferrazza, President of The IL Bridge Fund, suggests investors looking for other funding alternatives in the marketplace that do not depend upon traditional lending to start a new business, expand an existing one or invest in real estate.
Angelo Sferrazza, President of The IL Bridge Fund, suggests looking for other funding alternatives in the marketplace that do not depend upon traditional lending to start a new business, expand an existing one or invest in real estate. Alternative funding, such as The IL Bridge Funding can step in when traditional lending criteria creates a roadblock, and loan timing is critical.
The IL Bridge Fund believes in helping individuals, as well as businesses. An Ohio non-profit organization helps families with living necessities, such as food and clothing, but also helps them prepare for the future with job assistance, training and education. "In this time of economic uncertainty," Angelo Sferrazza of IL Bridge says, "we all need to extend a helping hand to those in need."
Job creation is the number one need to help people get back to work and get this recovery moving, so The IL Bridge Fund is beginning a Business Incubation program for new and emerging businesses. "This new program will offer financing as well as business mentoring to help the selected businesses attain their goals" says Angelo Sferrazza, President, The IL Bridge Fund.
An employee of a local business who was being laid off wanted to become his own boss and buy the business, but couldn't find financing. He contacted Angelo Sferrazza for funding, established a successful Sports Bar and Restaurant and is now ready to expand his business to include a second location, none of which was possible without bridge financing and financial mentoring for future success.
Angelo Sferrazza feels the best answer for a Chemical Company located in the Southwest to help their clients counteract stringent traditional lending criteria when purchasing the company's paint and fabric product, is to develop their own Captive Finance Company. He extends funding and financial mentoring to help the company accomplish this goal and develop a new distribution network.
Angelo Sferrazza, President, The Bridge Fund and MMS Investments have been on-going business associates for a number of years. Focused on acquiring and rehabbing Real Estate properties this ongoing relationship has provided millions of dollars in transactions that have positively impacted local communities.
Small Businesses are the backbone of the economic recovery, according to most politicians, so why is it so difficult to find funding? Angelo Sferrazza is taking steps to make timely business funding more available via Bridge Funding programs that fund business expansion, operation and development, such as the auto dealer who needed immediate funding to develop a new business opportunities.
Angelo Sferrazza recently developed an educational financial and mentoring program for emerging and existing businesses. This is in addition to the funding program that has been in existence now for 2 years.
If you are self-employed the ability to find funding to start a new business, expand an existing one, or invest in real estate is a never-ending battle often ending with a rejection. Angelo Sferrazza, President, The IL Bridge Fund, suggests looking for other funding alternatives in the marketplace that do not depend upon traditional lending requirements.
The IL Bridge Fund assisted a Multi-franchise new car dealer, turned down by traditional lenders, with the funding needed to expand their existing automobile business, and develop an additional business opportunity for the group which will impact the economic environment in Southern Ohio with new jobs and development.
A "Bridge Loan" can fill the gap for new and emerging businesses and real estate investors to help with funding needs that are having difficulty navigating the current traditional lending criteria. The IL Bridge Fund provides free financial mentoring to clients to assist in determining their suitability for the "Bridge Loan" program.
Emerging and existing businesses and real estate investors not only have difficulty finding funding to start or expand their businesses, but any times don't know what to ask, where to find the information, or how best to proceed in the future. As part of their "Bridge Funding" program, The IL Bridge Fund offers free educational financial mentoring services to assist entrepreneurs.
Delayed in funding by traditional lenders, an established business owner contacted THE IL BRIDGE FUND. This client wanted to expand a successful existing business, an audio production company in Northern Ohio.
THE IL BRIDGE FUND has established an on-going business relationship with MMS Investments for the acquisition and rehabilitation of Real Estate properties funding millions of dollars in transactions.